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Nonprofiteer
← BUILDING AMERICA S FUTURE

Form 990 for tax year 2024

Filed by BUILDING AMERICA S FUTURE.

Totals

Total revenue
$100,223,489
Total expenses
$98,194,223
Contributions and grants received
$99,892,500
Grants paid
$17,358,938
Program service revenue
$0
Investment income
$330,989
Other revenue
$0
Total assets, end of year
$9,201,119
Total liabilities, end of year
$232,943
Net assets or fund balances, end of year
$8,968,176
Program services expenses (Part IX)
$62,257,347
Management and general expenses
$35,866,876
Fundraising expenses
$70,000
Program service expenses (Part III)
$62,257,347

Program services were 63.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $99,892,500

  • 3 · Investment income

    total $330,989 · excluded $330,989

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $17,358,938 · program services $17,358,938

  • 5 · Compensation of officers, directors and key employees

    total $359,000 · management and general $359,000

  • 7 · Other salaries and wages

    total $67,000 · management and general $67,000

  • 10 · Payroll taxes

    total $32,851 · management and general $32,851

  • 11a · Fees: management

    total $1,820,000 · program services $1,775,500 · management and general $44,500

  • 11b · Fees: legal

    total $687,662 · program services $41,940 · management and general $645,722

  • 11c · Fees: accounting

    total $127,622 · management and general $127,622

  • 11e · Fees: professional fundraising services

    total $70,000 · fundraising $70,000

  • 11g · Fees: other

    total $2,855,122 · program services $2,845,122 · management and general $10,000

  • 14 · Information technology

    total $465,955 · program services $298,368 · management and general $167,587

  • 17 · Travel

    total $186,306 · program services $186,306

  • 19 · Conferences, conventions and meetings

    total $969,551 · program services $951,263 · management and general $18,288

  • 23 · Insurance

    total $55,561 · program services $364 · management and general $55,197

  • 24a · Other expenses: POLITICAL CONTRIBUTIONS

    total $32,115,000 · management and general $32,115,000

  • 24b · Other expenses: MEDIA PLACEMENT/PRODUCT

    total $17,213,178 · program services $15,124,597 · management and general $2,088,581

  • 24c · Other expenses: CANVASSING

    total $7,048,474 · program services $7,048,474

  • 24d · Other expenses: POLLING/RESEARCH

    total $6,282,165 · program services $6,281,904 · management and general $261

  • 24e · All other expenses

    total $10,479,838 · program services $10,344,571 · management and general $135,267

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $7,233,335 · end of year $9,201,119

  • 17 · Accounts payable and accrued expenses

    beginning of year $294,425 · end of year $232,943

  • 27 · Net assets without donor restrictions

    beginning of year $6,938,910 · end of year $8,968,176

Mission and programs · 2024

Mission

THE MISSION OF BUILDING AMERICA'S FUTURE (BAF) IS TO EDUCATE THE PUBLIC AND BUILD A GRASSROOTS MOVEMENT TO ADVANCE NEW POLICIES ON A BROAD RANGE OF ISSUES IMPORTANT TO THE WELFARE OF ALL AMERICANS, INCLUDING, BUT NOT LIMITED TO: HOUSING, HEALTHCARE, EDUCATION, IMMIGRATION, ENERGY, ECONOMY, JOBS, TRADE AND NATIONAL SECURITY.

  • CONDUCTED AND PUBLICIZED RESEARCH TO INFORM AND EMPOWER AMERICANS TO TAKE OWNERSHIP OF OUR COUNTRY'S POLICY DIRECTION AND DEMAND THAT OUR GOVERNMENT AT THE FEDERAL, STATE, AND LOCAL LEVELS ENACT POLICY REFORMS TO IMPROVE THE LIVES OF ALL AMERICANS. SPECIFICALLY, BAF RAN ISSUE ADVOCACY CAMPAIGNS RELATED TO THE FOLLOWING TOPICS: DOMESTIC ENERGY PRODUCTION, PROTECTION FROM COMMUNIST CHINA, BORDER SECURITY, OPPOSING HEAVY-HANDED GOVERNMENT BANS AND MANDATES, 340B PROGRAM REFORMS, AND VOTER REGISTRATION EFFORTS.

    Expenses $62,257,347 · Grants $17,358,938

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Timothy McKone

    SECRETARY

    Total calculated
    $48,000
    From this org
    $48,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Bernard Okun

    DIRECTOR

    Total calculated
    $48,000
    From this org
    $48,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • John Quirk

    DIRECTOR

    Total calculated
    $48,000
    From this org
    $48,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Katherine Neal

    EXECUTIVE DIRECTOR

    Total calculated
    $215,000
    From this org
    $215,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $180,000
    Bonus
    $35,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $215,000

  • Cabell Hobbs

    TREASURER

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503189349313750

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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